Europe on the brink of recession. What will the week bring?
The positive mood in the markets has been going on for several weeks, but the real change in investors' attitude was caused by the November FOMC meeting. It did not bring any major breakthrough - the Fed kept interest rates at [...]
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June 1 2023
The euro exchange rate at the beginning of June and the latest information from the euro zone
Today the European Central Bank celebrates its 25th birthday. On 1 June 1998, the ECB was established to introduce the euro and protect its value. Today, more than 346 million Europeans in 20 countries use the euro every day. Including [...]
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17 February 2023
EUR/USD continues to fall: direction $1,05
EUR/USD fell to 1,0621, having lost more than four figures since the beginning of the month and is at its lowest level since January 6. This is not the end of the decline. The ongoing correction could bring it down to around $1,05.
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8 February 2023
EUR and JPY, the currencies of countries that may prove to be the safest
There was a massive retreat from the US dollar in QXNUMX as the market ignored the Fed's mantra about the need to keep the reference rate "higher for longer", which significantly reversed the US [...]
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